All Forum Posts by: David Abellard Jr
David Abellard Jr has started 0 posts and replied 4 times.
Post: Please advise - Covid-19 partial claim, Preforeclosure auction and home sale
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I’m sorry to hear about this. Even if you sold you can send me the payoff because there are fees you can recover and there is a good chance you would have received a refund. Usually the service ads junk fees that are allowed.
Post: Want to buy a foreclosure Auction property that has solar panels
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Quote from @Scott Esmail:
@Tom Gimer Yes it is a first mortgage being foreclosed
Post: Bought property on county auction site now have a big issue
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That’s amazing news. Keep up the good work. The most inexpensive title work is probably from property onion. You may want to check them out.
Post: Bought property on county auction site now have a big issue
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Greetings Scott,
My daughter and wife own a nail salon in Orlando. I’m up there from time to time.
Let’s play a game of true or false. Once title is in your name or an entity you are the owner of the servicer has to provide an accurate estoppel aka payoff? TRUE. It sounds like you are hoping the court will reverse the sale. So I gather you don’t have title yet? All is possible since the courts have the power to vacate the sale under equity reasons. You are most likely right that the sale would stick unless you can find something that was not done correctly like a procedural defect. For example did they publish timely? Did they include all necessary parties? Lastly how do you know that the satisfaction was not legitimately done? At the minimum you would want to have an evidentiary hearing in the first lien foreclosure case. Also you have a very short time to intervene in that case.
Very few things can be guaranteed in life but once you have title they have to give you an estoppel period. I have seen the team at property onion do it many times. So once you get title reached out to them and tell them you need help getting the estoppel and they will help. They can also help you find the old owners. Foreclosures go fast but not that fast if you know what you are doing. You can also at times negotiate the debt down and receive a satisfaction. Remember don’t assume the other satisfaction is not real till you have actual evidence.
Let’s Meet up in Orlando next time I’m there.